Ideas and discussions about economic and financial literacy issues.
Named one of the 100 best blogs for econ students by Online Universities Weblog.

Tuesday, November 27, 2007

Price of Christmas Up 3.1% for 2007

Long-time readers of this blog (yes, there are a few) know that one of my favorite holiday links is to PNC's Price of Christmas Index. The folks at PNC calculate the costs of the gifts listed in holiday song, "The 12 Days of Christmas." After comparing those costs to previous years, they come up with an index and publish it every year about this time. And they've been doing it since 1984.

This year they've added a lesson connecting the index to The Stock Market Game, as well as adding some games for younger children. I encourage you to take a look at the page, and even watch the video for an interesting link between the holiday and real life. Who would have thought that the price of gold and the boost in the minimum wage would have such an impact?

Blog Archive Note

All entries prior to August 15, 2007 appeared on the economic education blog of the Federal Reserve Bank of Chicago. Entries between August 15, 2007 and July 31, 2009 were under the auspices of the Powell Center for Economic Literacy in Richmond, VA.